Post Utme Lead City University 2021 Economics Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2021 Economics Objective / Multiple Choice
Question 32 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • ECONOMICS • objective

A country's balance of payments can be affected by changes in its exchange rate. What is the name of the effect that occurs when a country's exchange rate depreciates, leading to an increase in imports?

Answer Options

Correct Answer A. J-curve effect
B. Trade creation effect
C. Trade diversion effect
D. Balance of payments effect
Correct Answer
A
Correct Option:
J-curve effect

About This Question

This is Post Utme Lead City University 2021 Economics Question 32. It is one of the objective questions from the 2021 Post Utme Lead City University Economics examination.

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